307 west 71st st

1. Great location  Riverside Park 1 block, 7th ave subway 72nd street 1 block, dead end street, uphill from the river. some views of hudson.

2. Renovation in area-  Lots of townhouse renovations for private residences

3. Low cap rate but RS tenants.  Rs apartments fairly high rents.

4.  Potential to flip to single family owner

5. Sale price upside potential-3m is low for a building

6. Taxes are on the high side and challengeable.

7.  No DOB issues;  1 complaint dismissed, 4 violations dismissed

8. Relatively large number of units.

9. Original staircase and other detail still intact

10.  Good price/sq ft.